Six Consecutive Gains... KOSPI Hits All-Time High

The KOSPI continued its upward trend for the sixth consecutive trading day, setting a new all-time closing high.

The KOSPI closed at 4586.32, up 33.95 points (0.75%) from the previous trading day on the 9th. Photo by Shinhan Bank, dealing room.

On January 9, the KOSPI closed at 4,586.32, up 33.95 points (0.75%) compared to the previous trading day. This marks a six-day winning streak since January 2, and a new record high based on closing prices.

The KOSPI opened at 4,530.03, down 0.49% from the previous session. After the market opened, the index dropped to as low as 4,500.48, putting the 4,500 level at risk. However, Samsung Electronics reversed course after falling more than 2%, and SK Hynix also recovered after dropping nearly 4%. As a result, the KOSPI turned positive and ended the session higher.

By investor type, individuals and institutions were net buyers, purchasing 130.7 billion won and 1.1958 trillion won, respectively. In contrast, foreign investors were net sellers, offloading 1.5992 trillion won.

By sector, transportation equipment and parts rose by 6.24%. Construction and non-metallic minerals also jumped by more than 1%. On the other hand, medical and precision instruments fell by 1.21%.

Among the top market cap stocks, Samsung Electronics finished at 139,000 won, up 200 won (0.14%) from the previous day. Hanwha Aerospace surged 11.38%, while Hyundai Motor and Kia rose by 7.49% and 6.65%, respectively. In contrast, SK Hynix declined by 1.59%.

On the KOSPI, 540 stocks rose without any hitting the upper price limit, while 341 stocks fell with none hitting the lower limit. There were 69 unchanged stocks.

The KOSDAQ closed at 947.92, up 3.86 points (0.41%) from the previous trading day.

By investor type, individuals and institutions were net buyers, purchasing 104.4 billion won and 76 billion won, respectively. In contrast, foreign investors were net sellers, offloading 171.6 billion won.

By sector, metals rose by 3.11%, and transportation equipment and parts increased by 2.39%. Construction, paper and wood, medical and precision instruments, food and beverages and tobacco, and textiles and apparel all climbed by more than 1%. On the other hand, non-metallic minerals, other manufacturing, finance, and entertainment and culture fell by more than 1%.

Among the top market cap stocks, Alteogen closed at 511,000 won, up 32,500 won (6.79%) from the previous day. Boronoi jumped 13.55%, while PharmaResearch and Peptron rose by 5.19% and 4.72%, respectively. In contrast, ABL Bio and D&D Pharmatech fell by more than 5%, and Ecopro BM and Ecopro dropped by more than 3%.

On the KOSDAQ, 940 stocks rose, including 12 that hit the upper price limit such as Mobase Electronics, Pometal, and Russell. Meanwhile, 714 stocks fell with none hitting the lower limit, and 106 stocks remained unchanged.